Issue 16-05: Bankruptcies

January 12, 2016

The number of bankruptcies registered by B.C. businesses (-11.8%) and consumers (-11.4%) dropped in October of 2015 from the same period a year prior. The number of Canadian bankruptcies filed was also down (-2.7% for both consumers and businesses) compared to October 2014, with nearly half those reported being in the construction, retail trade and accommodation and food services sectors.

Data Source: Industry Canada